Xtant Medical Awarded State Grants
Xtant Medical was awarded state grants totaling US $0.15MM to support growth at Bacterin’s orthobiologic processing facility. Apr 26, 2016
Pinnacle Spine Granted Chinese Patent for InFill Spinal Fusion Technology
The Chinese Patent Office is issuing Patent Application No. 201180020517.1, "Intervertebral Implants and Graft Delivery Systems and Methods," as an enforceable patent for Pinnacle Spine, covering InFill® fusion technology. Apr 26, 2016
SpinalCyte Issued Canadian Patent for Spinal Disc Tissue Engineering Technology
SpinalCyte was issued Canadian Patent No. 2,641,170, “Methods and Compositions for Repair of Cartilage using an In Vivo Bioreactor." Apr 25, 2016
Zimmer Biomet to Acquire Cayenne Medical
Zimmer Biomet entered into a definitive agreement to acquire Cayenne Medical within 2Q16. Terms of the transaction were not disclosed. Apr 25, 2016
MedShape Announces First Clinical Outcomes with FastForward Bunion Correction System
Since limited launch in 2015, MedShape’s FastForward™ Bunion Correction System has been used in >100 hallux valgus correction procedures. Apr 25, 2016
Exactech Receives FDA 510(k) Clearance for Vantage Total Ankle
Exactech received FDA 510(k) clearance to market the Vantage™ Total Ankle. Targeted clinical evaluation will commence in mid-2016, with full launch slated for 1Q17. Apr 25, 2016
Orthopaedic Industry Surpassed $46 Billion in 2015
Worldwide orthopaedic product sales reached $46.6 billion in 2015, an increase of 1.2 percent over 2014, according to ORTHOWORLD estimates. The numbers cited in the latest installment of THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT show that industry growth slowed from the two to three percent range in recent years due to various economic and industry factors. Apr 22, 2016
Bone Solutions Signs Distribution Agreement with Next Health
Bone Solutions signed an exclusive 10-state U.S. distribution agreement with Next Health for OsteoCrete magnesium-based bone graft substitute. Apr 21, 2016
BD Divests Vertebral Augmentation Products to Stryker
BD sold its vertebral augmentation assets, including all AVAmax®, AVAflex®, AVAtex® and AVAprep® branded products, to Stryker. Financial terms were not disclosed. Apr 21, 2016
RTI Surgical Launches the Release Laminoplasty Fixation System
RTI Surgical entered the posterior laminoplasty market with launch of the Release® Laminoplasty Fixation system, indicated for central spinal cord decompression from C3 to T3. Apr 21, 2016
